
The Business Challenge
With large volumes of trades, complex charging structures and a globally-distributed network of counterparties, keeping track of relationships, demonstrating best value and verifying invoice accuracy can be a complicated and extended process.
Our Solution
With an emphasis on relationship management, process control and invoice reconciliation, BCS arc drives efficiency and value through the network. It provides network managers with an unprecedented level of control and visibility over their agent relationships and operational processes, and allows them to make and justify the most effective decisions. Its automated functions also help reduce manual processing and the potential for errors.
Relationship Management
Store, search and link company and contact details to manage and share counterparty communications, set up automated alerts and reminders and capture and resolve issues or actions. Fully-featured document management repository to store and share documentation, with version control and customisable expiry alerts. A centralised repository for account details, tariff and charging structure information, market particulars and more.
Invoice Management
Achieve STP invoice import using the powerful and flexible invoice mapping tool. Automated reconciliation between internal transactional data and agent invoices with multi-level tolerances. Capture and track issues or discrepancies to resolution using configurable action plans.
Process Control
Build workflows to model, automate and control your operational processes, such as new account onboarding, RFP monitoring, due diligence activities and more. Track progress against target dates and send automated reminder notifications. Increase transparency of information by linking issues or activities to specific items, entities, or people.
Powerful MI and Scenario Modelling
Ready-made reports on all aspects of the system are provided built-in, with export to Excel, Pdf and Word. Flexible Reporting module allows users to create and share their own custom reports. Scenario builder tool to allow modelling of proposed or expected fees and volumes over real-world data.